Even with some major setbacks, stocks looks promising in 2016. The S&P 500 has increased 5% year to date and the MSCI World Index has further added nearly 2%, as of October 24, 2016. Numerous important data points with U.S. labor, manufacturing and housing markets, are displaying marks a global economy that is rising, although sluggishly.
Funding
On Trump's Victory: Hedge-Fund Manager Tilson Sells Stocks
On the morning of Wednesday morning, after Republican’s bet Donald Trump won his way to the White House, stocks made a huge comeback rally following the near-800-point plunge late Tuesday night in pre-market futures trading for a possibility of a Trump victory.
University of Georgia Sets New Record For Fund-Raising Campaign
Last Thursday, Tate Student Center’s biggest room was filled with more than a thousand people after University of Georgia formally publicize its fund-raising campaign.
Indiana County Council Funds Planned Parenthood Abortion
Despite the urge from the members of the pro-life community to stop financing for abortion chain, a county council in Indiana convened on Wednesday to fund Planned Parenthood through taxpayer dollars.
Ontario Revamps Financial Regulatory Companies
Referring to a call for modernization, the Finance Minister of Ontario revealed on Tuesday the government’s plan to overhaul some of the financial regulatory bodies in the province to create a new watchdog with its center of attention on consumers.
Latest News
Elizabeth Lee Hennessee died at the age of 64 because of stroke. E. Lee Hennessee, a pioneering woman in the male-dominated hedge fund industry and the creator of one of the first indexes to track its secretive transactions, was found dead on Saturday at her home in West Palm Beach, Fla.
Fund managers assured that who ever wn the 2016 election, the 401(k) will not be affected The 401(k) is the defined contribution pension account under the Internal Revenue Code.
The SEC made this investor disclosure-cost-environment policy trifecta possible through a May 2015 proposal that would allow mutual funds to deliver shareholder reports electronically as the default option.
Alibaba is investing $1.48B for its Digital Media and Entertainment. Likewise, it has been entering some investment deals like the one with Youtube.
Elliot management warns investors of a high possible rapid inflation. Executive of the hedge fund Elliott Management wrote letter to investors warning that rapid inflation is their biggest concern in the current environment, adding that such a spike would not only collapse bond prices, but potentially lead to a stock market crash.
Samsung Electronics confirmed on Tuesday that it is planning to invest more than $1 billion in its chip manufacturing facilities in Texas.
Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.
Carlyle Group’s second energy credit investments fund raised a $2.8 billion fund, Carlyle Energy Mezzanine Opportunities Fund II, said spokesman Randall B. Whitestone in an e-mail.
A private Singaporean banker is under investigation as he was linked to 1MDB Fund. The Malaysian fund scandal has so many loops for the world critics to investigate and still to review.
